covering 1989–2004 for banks in Egypt, Jordan, Lebanon, Morocco, and Tunisia. The results provide clear support for a …

Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab … and social tensions have constrained reform efforts. Assessing policy options as presented in the voluminous literature on …

This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that …

This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using … growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …

Lebanon is expected to have gas resources in its Mediterranean basin, and these could turn the country into a natural …

The Central Bank of Tunisia's (CBT) liquidity support contributed to rapid credit growth in Tunisia and an uptick in …, antimoney laundering, and combating the financing of terrorism is required. A comprehensive capital market reform is needed to … support long-term investment. Banking sector reform should improve access to finance for individuals, and small and medium …

KEY ISSUES Context: The economy is being severely tested by the Syria crisis. The refugee influx has reached one … foundations for higher-productivity growth, and improve social conditions. • Refugee crisis. Lebanon cannot shoulder the costs …

authorities’ reform agenda and sending positive signals to markets. Given significant global risks, a successor arrangement … considers that Morocco continues to qualify for a PLL arrangement and recommends the approval of the authorities’ request. The …